2, PINE TREE CLOSE, NEWBOLD VERDON, LEICESTER, LE9 9PW - £232,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PINE TREE CLOSE is a very large extended detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £365,892. It was last sold for £232,000 in November 2015, which was around 4% below the average November 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

2 PINE TREE CLOSE Sold Prices

Land registry data shows two sales for 2 PINE TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 2 PINE TREE CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 6 NOV	£232,000	£241,609	4% below HPI
2003 12 DEC	£215,000	£175,648	22% above HPI

2 PINE TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 2 PINE TREE CLOSE sales from December 2003 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 PINE TREE CLOSE be worth now?

2 PINE TREE CLOSE might now be worth an estimated £365,892.

This is based on house price inflation of 57.7%, between November 2015 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.7% inflationary increase is applied to the most recent sale price for 2 PINE TREE CLOSE of £232,000 on 6th November 2015. For the value to have increased from £232,000 to £365,892 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 PINE TREE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2015 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINE TREE CLOSE has not materially changed since November 2015.

How Large is 2 PINE TREE CLOSE?

2 PINE TREE CLOSE is 161m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbold Verdon, and where 2 PINE TREE CLOSE lies on this distribution: 82% of detached houses houses are smaller than 2 PINE TREE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

2 PINE TREE CLOSE: Plot and Title Map

2 PINE TREE CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 2 PINE TREE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 PINE TREE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 PINE TREE CLOSE?

2 PINE TREE CLOSE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 2 on PINE TREE CLOSE.